GSRX Industries Ret. on assets
What is the Ret. on assets of GSRX Industries?
The Ret. on assets of GSRX Industries, Inc. is -13.35%
What is the definition of Ret. on assets?
Return on assets indicates how profitable a company’s assets are in generating revenue. It is computed by dividing net income by average total assets.
ttm (trailing twelve months)
The return on assets (ROA) tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. It's a useful number for comparing competing companies in the same industry. The number will vary widely across different industries. Return on assets gives an indication of the capital intensity of the company, which will depend on the industry; companies that require large initial investments will generally have lower return on assets. ROAs over 5% are generally considered good.
Ret. on assets of companies in the Health Care sector on OTC compared to GSRX Industries
What does GSRX Industries do?
GSRX Industries Inc., through its subsidiaries, engages in acquiring, developing, and operating retail cannabis dispensaries. It operates five cannabis dispensaries under the Green Spirit RX name in Puerto Rico; and a dispensary under The Green Room name in California. The company also owns and operates GetPureAndNatural.com, an e-commerce site that offers a range of hemp extract products. In addition, it focuses on the extraction, manufacture, distribution, and delivery of cannabis and cannabinoid products. The company was formerly known as Green Spirit Industries Inc. and changed its name to GSRX Industries Inc. in July 2018. GSRX Industries Inc. is headquartered in Dorado, Puerto Rico.
Companies with ret. on assets similar to GSRX Industries
- International Lithium has Ret. on assets of -13.37%
- Rogue Resources has Ret. on assets of -13.37%
- Delic has Ret. on assets of -13.37%
- Envestnet has Ret. on assets of -13.36%
- Mineral Commodities Ltd has Ret. on assets of -13.36%
- Great Portland Estates Plc has Ret. on assets of -13.35%
- GSRX Industries has Ret. on assets of -13.35%
- P2P Transport has Ret. on assets of -13.33%
- Baring Emerging Europe Plc has Ret. on assets of -13.33%
- Barings Emerging EMEA Opportunities PLC has Ret. on assets of -13.33%
- American Resources has Ret. on assets of -13.32%
- Orthofix Medical Inc has Ret. on assets of -13.32%
- Helios has Ret. on assets of -13.31%